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Search Results 0 to 49 of about 196 (some duplicates have been removed)
CNBC
Jan 23, 2013 7:00pm EST
with the u.s. energy revolution, aring if to help us this year on the economy. let's bring in our ace investors, david goldman, former head of income grout at bank of america and michael farr, author of "restoring our american dream, the best investment. abigail doolittle, the investors killed it after hours. >> i think what's going on is an important inflexion point. we had another earnings miss, another guide down. this once superstar amongst the text stock has been falling for a few months. i think traders answered vestors were waiting for this report to see what the future with look like. unfortunately it's not as bright as some might have hoped for and that's now showing up in the stock. >> is there an offset here? google did very well today and revenue was very good. apple versus google consideration apple stop this rally? i don't think so but i want to get your take on this. what does it mean apple is doing badly? is it an apple thing, an economy thing or consumer thing or what? >> i think that's a great question. i think right now i tend to agree with you. i think investors wi
FOX Business
Jan 24, 2013 4:00pm EST
the of the bank of israel on keeping his economy strong and safe in a very volatile region. david: microsoft is out. the numbers are out. adam shapiro, how do they look? >> well it's a beat on earnings, david, but a miss on revenue. earnings, 81 cents per share. the street was expecting 75 cents. revenue 21.46 billion. the street was expecting 21.53 billion. jumping in real quick on the press release they're talking about it, in the last quarter, in the server and tools business, saw increase 8.5 billion. the previouser, server and tools business reported 9.1 billion of revenue. 9% increase from the prior period year-over-year. we'll jump in to see how windows 8 is performing but they're missing on revenue. sandra: we'll keep watching the stock here in after-hours trading. looks like it is getting a little bit of a boost in after-hours trading so we'll keep looking at those numbers. keep in mind the revenues numbers fell short but the earnings per share did beat. it is a decent beat. it is six pennies. let's get to the market panel. scott bower in the pits of the cme group in chicago. we hav
MSNBC
Jan 23, 2013 11:00pm EST
believes that we have to both walk and chew gum at the same time. we have to deal with our own economy and our fiscal situation. that is a given, because that is the source of our strength and our capacity. but we also have to be smart about making the right investments in diplomacy and development to try to solve problems and prevent them. >> i'm joined tonight with senator chris murphy of connecticut, who is a member of the senate foreign relations committee. senator, good to have you with us tonight. moving forward, security obviously is an issue. so getting funding and help from republicans shouldn't be hard after this hearing. that's what i see today. your thoughts on it. >> well, listen, the republicans have had chance after chance to do the right thing here. the irony is just as thick as the walls of the united states congress, when you think that they stripped $300 million out of the secretary's security requests before benghazi. but it gets even worse, ed. after benghazi, the president and the secretary of state said listen, we've got to do better. so they put before congress
CBS
Jan 24, 2013 6:00pm EST
hadley and zbigniew brzezinski weigh in. >> brown: paul solman looks at china's fast growing economy and asks, is it headed for a crash? >> wages are rising for the burgeoning middle class, but for hardscrabble factory workers: mounting protests against unlivable wages and working conditions. >> ifill: and vice president joe biden hangs out with hari sreenivasan on google plus to talk about gun violence. >> make your voices heard. this town listens when people rise up and speak. >> ifill: that's all ahead on tonight's "newshour." >> major funding for the pbs newshour has been provided by: >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> brown: the u.s. military has a new order of the day: working up plans for putting women on the front lines. the proces
PBS
Jan 23, 2013 6:30pm PST
in the arab world, which have taken their toll on the country's tourism industry. the economy has come to a standstill. unemployment is high. life is tougher than ever for the poor. this teacher has a big family to support. two wives, seven children. he has been hard hit by hikes in fuel prices this winter. >> the government needs to take care of the middle class. across the world, it is the middle-class sees that support the government. as long as they are not impoverished. then he says that if the political system stays the same, nothing will change. he is part of an opposition movement which boycotted the elections. as far as he is concerned, the king can stay in office, but only as a figurehead. >> the movement is calling for a change in the regime, and if that does not happen, then the next step would be the overthrow of the regime. that means the king. >> jordan is looking for a smooth transition to more democracy without a civil war like syria or an islamist government as in egypt. what happens all depends on how willing the king is to bring about change. >> tensions are running
FOX News
Jan 24, 2013 1:00pm PST
korea will have long-rangl the other things happening with the economy, with china. >> you wanted him to talk about that kind of stuff and he didn't. >> none of it was about that. and the american people -- we deserve some explanations here. yesterday, with secretary clinton: why have you not got an anybody who dead the benghazi attacks? we now know the same people are right out in the open admitting they did it. they're in algeria. we just had a warning today there's potentially another attack coming against westerners in benghazi. the second question, why did you fail to secure could -- gadhafi good's weapons before toppling him. those are the weapons we're seal all over the place, and the third thing i'd like to get some answers for, how are you going to protect all those american civilians who are staying behind after american troops leave the region. >> a good thing you weren't asking questions. we give a lot of money to this region. what are we getting for it? >> very little. that's one over the big problems with foreign aid. i like and believe in foreign aid. i think it's a lo
PBS
Jan 24, 2013 3:00pm PST
to put his time. >> brown: well, you know, he spoke about the economy, getting the economy right first and foremost. he said "more than ever foreign policy is economic policy." did that sound right to you? >> i think that's right and i think this is a man who's grown up, really, in the political military side of foreign policy and national security and i think one of the challenges will be for him to recognize that the economic instrument in trade is really very important. if you look at asia, the coin of the realm in asia is trade and economics and, you know, if we're going to have a rebalancing toward asia, it needs to be an economics and trade overwhelmingly. so he's got, i think, a real opportunity to help lead the administration in using all of our instruments for national power influence, particularly economic and trade. >> brown: what do you think -- i mean, i know what you think about -- we talked about this in your last book about the need for economic thinking, i guess, changing the way we think about the world. but do you think that the administration has understood that wel
FOX Business
Jan 24, 2013 6:00pm EST
on the dow today was the drop in jobless claims. while that is good news, markets and the economy have another big headache. it's called washington. with me now, harvard economist jeffrey myron. good to see you. as always, let's start with these weekly jobless claims. it's getting some attention, some bus. they were down 5,000 to 330,000. that is the lowest level in, i believe, two years. pretty impressive. is this a trend? >> at think it probably is. i think we will see gradual and continual improvement in the jobless numbers. it will gradually see some improvement in the unemployment rate. and don't think it's going to be really fast. of the car going to see overall growth in gdp really speed up. everything seems to suggest we will muddle along. we have had for the last three years of so. better than recession, but not nearly as fast as we have normally expected. gerri: well, as part of it due to washington because they cannot seem to solve any of the problems in front of them, whether it is sequestration on the debt ceiling? >> i certainly think that washington policies play a big r
CBS
Jan 23, 2013 5:30pm PST
by bloomberg, 36% said america's fiscal woes are the biggest threat to the world economy, more than the 29% who named the european debt crisis. anthony mason is attending a meeting of world bankers in davos, switzerland. >> reporter: how strong do you think the u.s. economy actually is right now? >> i think the u.s. economy wants to be strong. >> reporter: but mary callahan erdoes says the bickering in washington is holding it back. erdos is one of the most powerful women on wall street. as c.e.o. of j.p. morgan asset management, she presides over $1.2 trillion in investments. >> the u.s. has to realize it's got so much going for it. let's just get ourselves to come together as a team, one team running that country, helping to get itself back on stable footing which then cascades to the rest of the world. >> reporter: how much does it hurt the economy if we don't confront this? >> it hurts us tremendously. it hurts the confidence of the u.s., it hurts the confidence of the c.e.o.s to know how do i invest? what are the rules going to be? and we've got to get back to believing that business is go
PBS
Jan 23, 2013 4:30pm PST
've heard from our republican colleagues economic uncertainty is bad for the economy. guess what? it is. and yet that's exactly what you are doing. another big dose of economic uncertainty. >> reporter: republicans shifted gears on the debt ceiling after a strategy session last week. worried that they have lost the public debate, republicans were clearly trying out a new message tod. >> balancing the budget over the next ten years means we save the future for our kids and our grandkids. it also means that we strengthen programs like social security and medicare and medicaid that can't continue to exist in current form without some kind of controls. >> reporter: there is just one problem. democrats argue the "no budget no pay provision" violates the constitution's 27th amendment which says any changes congress makes in its pay can't take effect until after the next election. >> we should not say to a member, "if you think the budget before you is not good for the country, vote against it and you won't get paid. if you think it's not good for the country, you better vote for it because yo
CNBC
Jan 24, 2013 3:00pm EST
your sense of what's going on in terms of the global economy. how do you see things? >> sure. why don't we start in europe. europe remains a challenging place. i think that the actions that mr. draghi took have technically been very strong. i think they have put a safety net under the market, but i think the challenge, is and it's one of the big topics here, is how do we get growth back into these economies. fundamentally that's what we need to do, and i don't think there's a clear path to that but it will take some time. >> been a tough couple of years. >> yes, it has. >> let's talk about citi, you're repositioning the firm. how are you planning on doing that and what's the vision going forward? >> our strategy, maria, is really focused around a few of the big secular things going on in the world. globalization, urbanization and digitization. if you think of globalization, thinking of what's going on in the economy, most of the growth is coming from the developing countries. you look at 2008 to 2012, 45% of world growth came from china. a trend we're going to continue to see the next
WETA
Jan 24, 2013 6:30pm EST
: and the former vice chairman of the federal reserve, talks with us about the debt crisis, the economy and the fed. alan blinder joins us. >> tom: that and more tonight on "n.b.r."! >> susie: just a single cent higher. earnings from software "giant" microsoft were only a penny more than what analysts were expecting. microsoft shares slipped as much as 2% on the news in after hours trading. here are the numbers: microsoft earned $0.76 a share, down 3.7% from a year ago. revenues rose more than 2.5% to $21.5 billion, but also below expectations. the results mark the first quarter to include sales of microsoft's new windows 8 operating system, and its tablet computer, the "surface". sales of its windows division jumped 24%, but no financial details on the surface tablet. we'll have more analysis on microsoft, in a just a moment. >> tom: the other big tech story today: apple and its big fall following yesterday's lackluster results. the stock lost 12% of its value or $63 a share, closing at $450 and change. suzanne pratt reports. >> reporter: no doubt this was a sour day for investors. not only did th
CNBC
Jan 24, 2013 6:00am EST
of an economy. steams you come there and you obviously things don't always always come through. northbound suggested it's because the adjectives are fun. do you buy that? >> no. i would say the last couple of years, people were pretty negative. i have to say, though i've only been here a day, people are pretty positive this time. a bit more optimistic about what might be happening. i wouldn't say it's time to pop champagne, but people have been more positive this year. >> thank you for being here. joe, becky, back to you guys. we'll see new a little bit. we have a fun segment for you at 6:30. >> you do. i looked through some of the stuff, andrew. you're a regular skier. >> it's a little embarrassing, but we'll show it to you. >> don't give it away. >> but your heel -- >> there it is. >> your heel is not tethers to the ski, right? that's what makes it -- right? >> this is a different type of skiing that i had never done before. >> oh, god. good. >> now you've got the piece. you'll see it. there might be a fall or two involved. >> that's how your hair got messed up yesterday. >>> coming, wha
FOX Business
Jan 24, 2013 9:20am EST
and you really do, you've got the makings of an upbeat, an up tick in america's economy, do you see it my way? >> i see it your way, this is very good news. we're on that road, stuart. but we cannot put politics completely to the side. our road has lots of potholes, lots of road blocks and possibly has a lot of tolls along the way. so, i think the biggest threat to the recovery happens to be our own government. >> yes, but -- and i'm just suggesting that if we build that pipeline and if we allow more fracking, you could have an energy based jobs recovery, i know that those are big if's, but i think we could get it if we get the pipeline and more fracking. go ahead, last word to you on this one. >> right, right, we have that, but also on the other side, remember what's going on internationally. we have a race to the bottom in terms of a currency war. right now, the dollar is going to start to strengthen from my opinion and i think when that happens, a lot of the companies that export are going to be hit, they have really good years last year, and with the weak dollar so we have the energy
FOX Business
Jan 24, 2013 11:00am EST
areas of agreement between myself, i am a conservative, and don. we both agreed that this economy will do well because of energy. we both believe it is on the upswing because of housing. >> that is all you have to say? stuart: we also agree on taxes. >> we should have a free enterprise, free market system. stuart: why are you such a supporter of the most leftist president in american history? >> it is not just a chief financial officer, it is a leader of our nation. he has no peers when it comes to any other candidate on the republican side or any other republican sitting in the senate. we are out of time. connell: good morning, everyone. i am connell mcshane. dagen: i am dagen mcdowell. things are looking up on the jobs front. connell: monica crowley. dagen: dreamliner, the troubles have not gone away for boeing. michael dell has ordered one of them. connell: then there is jamie dimon and john chambers. you will be hearing from both of them in this hour. liz claman at the world economic forum. cheryl: stocks now and every 15 minutes. apple. nicole: i will show you apple in a mome
KCSMMHZ
Jan 24, 2013 6:00am PST
, the philippine economy is finally emerging as one of the most exciting in asean. growth in the third quarter of 2012 was an impressive 7.1%. nearly matching the pace of china. filipinos who go overseas to work make valuable contributions to the nation's economy but more and more citizens are finding they're rich enough to go abroad but not for work, for fun. nhk world has more. >> reporter: the philippine capital, manila, is a city that's changing. the economy is booming and new opportunities abown. abound. as the nation's middle-class expands, so does personal consumption. but people aren't just buying things. they're going places, too. trips to japan reached a record at this travel agency last year. a vacation to japan used to be a dream for most people. but for the middle class, it's now a real possibility. in order to get more tourists to go to japan, this travel agency offers different types of tour packages to hokkaido, among many other places. the president of the company and her staff are busy planning new trips for spring. >> for this year we will concentrate on things that we shoul
MSNBC
Jan 24, 2013 9:00am PST
, republicans seem intent on keeping the country's economy as unstable as possible. the house averted the debt ceiling fight. at least some republicans. 33 members of the house gop still broke rank. by averting, we, of course, mean punting the ticking time bomb three months down the road. >> another 90 days away so we can continue to royle this congress, this country, our people, and our economy. >> we should not even be having a debate. it should be no doubt that the full faith and credit of the united states will be honored, and that is what our constitution says. >> the gimmick nature of this whole thing i won't elaborate on, has been done before. >> either way, the passage of this bill has allowed lawmakers to skip from brinkmanship to probably more brinkmanship. looming just over the horizon is a budget battle that could shut down the government and automatic steep spending cuts that could cost thousands of jobs. welcome to the new normal in washington. joining us now from davos, switzerland, is cnbc's squawk box co-host "new york times" columnist and author of too big to fail, andrew ros
FOX
Jan 24, 2013 9:00am PST
changes in the economy all could cost us billions and drive a hole in the budget. the ultimate cost of expanding our healthcare system under the affordable care act are unknown. ignoring unknown unknowns would be folly. they're known unknowns. that's how we plunge into a decade of deficits. recall the story of genesis and the dream of seven cows. fat, flesh and wealth fever came out of the river followed by seven other cars, lean flesh and ill favored. the lean cows ate up the fat cows. the pharaoh could not endure that the seven fat cows were seven years of great plenty and seven lean cows were seven years of famine would immediately follow. the pharaoh took the advice of joseph and stored great quantities of grain during the years of plenty. when famine came, egypt was ready. the people who have given us seven years of extra taxes, let us follow the wisdom of joseph, pay down our debts and store up reserves against the leaner times that will surely follow. in the midst of the great depression, franklin roosevelt said there's a mysterious cycle in human events. to some generations,
SFGTV2
Jan 23, 2013 6:30pm PST
, and the economy. without it, things simply can't exist. woman: we have good health in this country, in part, because we have clean water. and we shouldn't forget that, and we shouldn't take it for granted. melosi: in the late 19th century, serious waterborne disease epidemics were having devastating effects. roy: but then, in the early 1900s, we began to treat our water. and since then, we've seen a rapid decline in the incidence of waterborne disease. narrator: most cities treat drinking water through filtration, chlorination, and sometimes ozonation to kill pathogens in the source supply. these are complex treatment plants that cost millions of dollars to operate, but are necessary for our wellbeing. the treatment of drinking water has been called one of the greatest public health achievements of the last century. the water infrastructure itself protects the treated water until it comes out of our taps. it's been since 1911, since we had an outbreak of cholera or typhoid in the united states. but that doesn't mean that it can't happen. it can happen. if we aren't on our guard all the time
CNBC
Jan 24, 2013 4:00pm EST
. >> thanks so much, bill. we are talking economy and politics with representative eric cantor right now, and representative, great to have you on the program. >> great to be here with you. >> thank you so much for joining us. >> let's get right to t.yesterday or this week rather the house passed a debt limit extension until mid-may. what does that buy us? >> well, what is buys us is a time for this debate about borrowing and spending to really develop into what i hope will be a robust discussion that will yield some results. we know that for almost four years the united states senate has not passed a budget, and that's part of the problem that's been contributing to the out-of-control spending in washington, and what we've said is we will extend the debt ceiling for three months to allow time for the united states senate to write a budget so we can then begin the discussions on how we're going to repay this money that we're going to borrow as well as begin to manage down the debt long term. >> what's the realistic vision in terms of a budget? i mean, this senate will have its budget pla
FOX Business
Jan 24, 2013 3:00pm EST
's a lot of run here and profit taking, but a lot of things going for us, the economy, employment, housing in particular, and, actually, don't forget the fact there's a little taunt between the congress and president right now as far as the debt ceiling goes. >> what's that do to economic growth. i mean, many economists say, you know, the debt ceiling debate, no matter what the fiscal cliff deal, take your pick, is going to shave half a percent of gdp in the first quarter of 2013. >> you know what, this is going to sound terrible, i don't put faith in what economists said. over the past two years, going into two double dip recessions. never came about. they don't have a handle on what's going on. investor and consumer confidence is better than anticipated. we'll do well. >> washington, we need tome -- to keep it going. a lot happening now in the oil market, especially with wti, michael, and in particular, the seaway, unclogging, if you will, of crude supplies another inventory build on our hands do you think? >> you know, tell you what, cheryl, i was with traders over the week, and we had
CNBC
Jan 24, 2013 4:00am EST
in equity. the economy is going to be lousy for the next two years. >> so we're running this online poll which is asking this question, this lack of current crisis that we have, is that because there has been real progress or is it century? >> no. i think it's a product. the ecb has stepped up and merkel and others committed to some day doing the kinds of physical transfers of banking units they need. and there has been some real progress even off that cleanup. but none of that is going to offset the unemployment numbers, barred from that the lack of investment, the constraint on demand from the austerity programs, the feedback in europe. so, again, it is real progress, but that's not going translate to growth anytime soon. >> when you say not going to translate into growth, what is the outlook? >> to me, what i've been saying for a few months is that europe's past is bounded from below and from above. we've ruled out the worst of the crisis, thank god. but the austerity, unemployment and continued downward wage pressures put a tight ceiling on growth. so germany is growing less than 11%
FOX Business
Jan 24, 2013 1:00pm EST
low, but a guest said, look, washington is going to mess up the economy. the sequestering issue is prevalent, and the debt ceiling debate is going to further erode consumer confidence, people will not spend, and the rally might be in jeopardy. i'm a real basking of hopefulness and positivity. >> thank you so much. the unions, lou dobbs weighs in on dwindling union membership, but to the point, there's a rally holding on, but a rally nonetheless. >> that's right. the s&p right now, which was above 1500, 1502 to be exact a short time ago, back to the levels we saw in 2007. we're trying to hang on to the rally, but thinking the dow was up more than a hundred points, and now it's up 3 dlsh 4 -- 41. >> will the markets hold on despite with what's going on with apple breaking down? clinging to green, approached the 1500 level not seen in years. if we end higher, that's the 7th consecutive day of gains, the longest winning streak in more than six years for the s&p. >> and no longer the apple of wall street's eye. it pummeledded as they posted the fourth most profitable company ever. >>
CSPAN
Jan 24, 2013 9:00am EST
and the germans do it, they do it right. and weak economies, heavily dependent on exports, heavily dependent on the car industry and that could go up and down. two things. i don't think they have the political will to engage outside the borders and i don't think they have the financial resources to do as much as we thought they should do and even some of their policy people think they should do relative to their national security, strength, military strength. is always not in a condition to do that and a heavy reliance on u.s. presence as that diminishes, some tough decisions to make as other nations. >> good morning. barbara matthews, international regulatory analytics. i have a question about the 20% written large. you have described what sounds like what you consider to be an inevitable retrenchment if not potential return to some isolation in the united states weather for political reasons or budgetary constraint purposes. that is a different position than the guarantor of security and liberty globally. europe may not have the financial resources to pick up the baton. can you describe wh
PBS
Jan 23, 2013 7:00pm PST
3.2% in 2012. the imf says the euro zone economy will recover more slowly than previously expected. the imf's growth forecast for the united states is 2%. that's as long as the country contains its fiscal crisis including the debt ceiling and fiscal growth. the imf has mained growth outlook for the japanese economy for 1.2% this year. they were warned about the risks of accumulating debt without consolidation measures. >> when the countries start with ray otio of debt to gdp, in bot cases it's much above. we vowed a clear plan for fiscal consolidation over the next five, ten years, it seems to many to be quite dangerous to increase the fiscal deficit. >> the u.s. house of representatives have agreed to raise the debt ceiling until may 18th. the bill will prevent the government from defaulting on its debt. the bill passed the house on wednesday after the republican majority changed its stance. republicans said they would not approve the bill unless the government made more cuts to social programs. republicans had public criticism that they were not consider the markets on a financia
KCSMMHZ
Jan 24, 2013 2:30pm PST
community reacted in a very still a way to the threat of but leaving, saying that the german economy would be able to cope with that, though it would of course regret it. even more important, perhaps, the united states reacted very negatively. the relationship between britain and the united states has been the mainstay of british foreign policy for more than a century. yesterday, a member of the state department said that if britain were to leave the european union, that would seriously damage the special relationship between washington and london. >> thank you very much. >> to washington now where u.s. senator john kerry is president obama's choice for the next secretary of state. he has been quizzed by senators ahead of his recommendation. >> the issues like climate change and fighting disease are also priorities. he's expected to easily win approval for the job from the senate. to syria where authorities have called for a million-man prayer at mosques on friday in an effort to stem anti-regime demonstrations. >> the embattled president was also shown on state television praying with syr
KICU
Jan 23, 2013 7:00pm PST
see a big upside in the tech sector. >> tech is here. it's one of our grapt strengths of our economy. -- great strengths of our economy. there is so much opportunity for growth there. >> a short-term fix on the debt sealing and indicators such as housing moved stocks higher. >>> tensions ran high at a discretional hearing as they grilled secretary of state hillary clinton about the again i cannot seeie attack. >> the american people deserve to know answers and they certainly don't deserve false answers. >> senator john mc cane criticized for the initial attack that killed four americansy several republicans say americans were misled and were told it started as a protest. the secretary fired back. >> the fast is we have four dead americans because of a protest or because guys out for a walk and decided they'd go kill some americans. what point at this point does it make? >> clinton spent five and a half hours answers questions before the house and senate committee. this is likely her formal testimony as secretary of state. >>> ahead in three minutes, a land mark for women in the armed
LINKTV
Jan 24, 2013 5:30am PST
in the red for 2012. the world's third biggest economy has posted a trade deficit of $78.3 billion. u.s. house ever presented this has passed a bill to extend the debt limit until may. it effectively put off the possibility of the u.s. defaulted on its debt. three weeks earlier, congress and the white house hammered out the last-minute deal to prevent the so-called fiscal cliff. the u.s. debt stands at $16.50 trillion. the british prime minister has been building on wednesday's historic speech about his country's future with the european union. david carolwood speaking at the world economic forum -- david cameron was speaking at the world economic forum in switzerland. >> britain has a choice purdue and hope it stands back and the argument -- britain has a choice. they can stand back or say yes, the european union needs to change to suit the euro but also to suit all of us as well. make the argument for a flexible, competitive euro, take the british people with you. >> south africa is looking at newark power for its future nuclear ended -- at nuclear power for its future and nuclear e
SFGTV2
Jan 23, 2013 11:30pm PST
and employment are put farther out of reach because of a felony conviction, especially in a down economy, someone with a felony has great difficulty even accessing 5 a job that pays minimum wage. putting these felony convictions to a whole population of young people, we really perpetuate a chronic underclass which benefits none of us. and then of course there's the inequity in the criminal justice system. even though we can show that drug use rates are quite similar in all different ethnic communities and african-americans are 13 times greater likelihood of being convicted of a felony of simple possession. then of course there's also the savings that we could experience, nonpartisan, independent legislative analyst office has determined that there would be $159 million annually of savings at the county level, plus another $65 million annually in savings at the state level. and our bill would direct a portion of that savings to drug treatment programs so that we can, like these 13 other states, have better outcomes, safer communities. i of course have to thank the sponsors of our bill, and we have
FOX
Jan 23, 2013 11:00pm EST
strategy, leverage, threee months from ow at the expeese offjobs and the economy." unworthy of the fiscal and ecooomiccchallenges that we face. ittdoes not have certainny it doesn't have growth and it doesn't have my support" 33 hoose conservatives broke rrnks with gop leaders & voted against the bill as nsufficiently democraas voted or it afttr indicated ttice it would not object to the easure because it -- quott liffs theeimmeeiate threat of congressional republicaan have backed oof an insiittnce on holding the nation's economy hostage carney sayy "the house republicans made a decision to back away frrm the kind of brinksmanship that waas mmrkkts, very concernnng to business, very ccncerninggto the american people." while house republicaan ave passsd budgets during thee obama era, thh democrat-controlled senate has not. buu evee bill passse the house, pemocrats in the senate agreed to vote on it, too. rrid says "weere going to proceed to work get it out of here as quickly as we can." cameron says "deeocrats say they won this round because the debt
SFGTV
Jan 24, 2013 3:30am PST
three or four years, maybe with the economy, things are doing a lot more work without a permit and it annoys me when i hear a contractor didn't get a permit. they are licensed contractors and know for this type of work particularly. there is a loot of investigation time that goes into this and they are not big-money permits so to speak. but we are bound by city charter to investigate the complaints. there are -- to answer your question, we don't keep a list, but contractors should know about and advise homeowners when this happens. i saw they applied for another permit to legalize some rooms on the ground floor which is not part of the violation and there seems to be a contractor in place on that permit and that permit has not been issued yet. i noticed that before i came up to the meeting. >> what is the name of that contractor? >> homeworks construction service, one bedroom and bathroom at ground floor. that permit has not been issued and still has to be reviewed by the planning department. it will probably be an over-the-counter permit, but there seems like there is some
SFGTV
Jan 24, 2013 7:00am PST
's. one that is falling behind; and an economy that is growing. it we are looking at 40 percent of the juniors not ready to graduate in a years time, that is a serious problem that we need to address. i believe that these folks -- that is part of the generation that will not be successful in our local economy and we have to make sure that we are supporting san franciscans in this way, making sure people have the skills in the background to get jobs in the future and if we are not successful here we know that they will fall behind the cracks. it's really a no-brainer. we have a lot of wealth in the city. not everybody shares it equally and this is one way we can remedy that. colleagues i hope that you can support the supplemental. >> supervisor wiener. >> supervisor wiener: my position is the same as it was in december when we voted on this. i won't repeat all of those reasons. although the fiscal cliff catastrophe was avoided at least for the moment we still have significant risks at the state and federal level and i am not comfortable appropriating from our arguably inadequa
FOX Business
Jan 23, 2013 8:00pm EST
state in this world economy forum report that we can prevent storms like sandy if we pay $700 billion a year now. this -- this is amazing. for actual people who phds to come up with these reports, but they do it. they are. lying somehow acts of government and spending can somehow control our government to the climate we want. he said we could do something about floods and hurricanes and droughts, now the power of the ballot box extends to controlling the weather. neil: do you feel this speaks to urgency of doing something about this, what do you think? >> if you accept the united nations and al gore's view, doing, whatever they propose, would have no impact according to their figures. so it is an exercise in futility even if you believe it. the kyoto protocol. the grand-daddy of all climate treaties, which canada has just pulled out of. if that were fully ratified and enforced, it would not have a impact on global warming according to global warming activists figures, the same with u.s., cap and trade bill, obama saying it would have made our planet 4 to 5 degrees cooler. meanwhile ep
FOX Business
Jan 23, 2013 9:00pm EST
hundreds of millions of dollars to the state economies and create tens of thousands of jobs right your home. the icing on the cake, it would help us as a nation become more energy independent. what is it? well, drumroll. approving the keystone xl pipeline. it is not just me. today senators on both side of the aisle have written a letter urging the president not to approve this pipeline right now. thanks to a major announcement from the governor yesterday, you're out of excuses, mr. president. joining me now, jerry taylor from the cato institute. great to have your. it's back in the president's hands once again. what is your betting on what you will -- you will do? >> i don't know. they don't send me internal memoranda. my guess is he will approve the pipeline. it's very difficult to say no. the state department already argued the filing sometime ago that it would have minimal impact on the environment. not a lot of dispute that this would be good for the economy. gasoline prices may have been sliding, but they seem relatively high command others think of the pipeline as a way of addressing
FOX Business
Jan 24, 2013 12:00am EST
for the economy. it is not good for our children. its sad we have to have a gimmick like this. some members are a quite wealthy, there are a few of them, won't care. but a good many members after month or two their spouses will say to them, what are you doing you knucklehead. they have to have a solution. melissa: this is another time the american public looks at it, wow, feels like you put off the work that you need to do. we said we will raise the debt ceiling for a couple months and, you know, there you go. we haven't gotten any of the real work done? >> it was a short-term punt but i think it was pretty shrewd move by the republicans because you can't default on our debt. if interest rates went up even slightly the amount of interest we would have to pay on our $16 trillion debt would be enormous. you can't do that. it would be shooting ourself in the foot. they tried closing down the government back in the 1990s. that didn't didn't work too well. they're focusing on what is called the sequester, which are across the board spending reductions. that's where i think they will make their s
SFGTV2
Jan 23, 2013 7:30pm PST
, the economy will stop. we did a major outreach. we trained an outreach team, who went to every community meeting, to educate people on how bad the crisis was. not only did i tell people that we'd have to raise rates, i told them we'd have to tear up the city to repair this infrastructure. man: you can't simply say, "i won't use any water, it's too expensive." we have about 25% of our population that's at or below the poverty line, so you have to look at rate structures that are tiered so the people can pay their bills. franklin: we would love to have something like 75% federal money. we do get some federal aid and we are thankful, but on the other hand, we're paying for this primarily with new rates. we have increased our rates to among the highest in america. but not nearly as much as if we hadn't passed a one-cent sales tax dedicated to water and sewer infrastructure. hunter: that sales tax counts for about a third of the revenue of the department right now. franklin: we got 75% of the voters to agree to tax themselves so that their children and their children's children could have cle
FOX News
Jan 23, 2013 7:00pm PST
to have more control over our economy, more taxes, more regulations, more spending. there's a fundamental difference between the president's view of our future and reality and so when the president gives an inaugural address and doesn't address the national debt that's how difficult it is to get anything done. >> greta: what is the reasonable expectation for the american people is going to happen. i mean, knowing the president and knowing that he's in power and knowing that democrats are here in power in the senate and republicans in the house and all the people, all the different interests. what's going to happen? >> i think, look, we're going to have to win some elections and get people up here in both chambers that are going to take this issue seriously. >> greta: and all parties. >> i think in our party-- everybody knows it's inevitable. the time will come when we have to deal with the issues and the sooner we deal with it, the better off we'll be. if we deal with them now we deal with them on terms. the longer we wait to save medicare, the more disruptive it's going to be, the more c
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